LIJO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LIJO
Largest movements
- Financial fixed assets +€1.2m
new in 2025: €1.2m
- Cash -€109,059
down €109,059 (-82.2%), from €132,705 to €23,646
mainly Investment in fixed assets (net) (-€1.2m) and Tax, wage and social debts (-€4,323)
- Tangible fixed assets +€54,485
up €54,485 (+369.0%), from €14,766 to €69,251
of which Furniture and vehicles: +€52,626
- Receivables within one year -€17,545
no longer reported in 2025 (was €17,545)
- Debts after one year +€847,765
new in 2025: €847,765
- Current portion of long-term debt +€126,185
new in 2025: €126,185
- Reserves +€88,947
up €88,947 (+59.3%), from €149,897 to €238,844
- Other debts +€17,545
new in 2025: €17,545
- Financial income +€5,360
new in 2025: €5,360
- Gross operating margin -€3,361
down €3,361 (-2.7%), from €122,479 to €119,118
- Taxes +€2,077
up €2,077 (+8.8%), from €23,531 to €25,608
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,016 | €1,248,887 | +€1.1m | +656.8% |
| Fixed assets | 21/28 | €14,766 | €1,223,201 | +€1.2m | +8183.9% |
| Tangible fixed assets | 22/27 | €14,766 | €69,251 | +€54,485 | +369.0% |
| Plant, machinery and equipment | 23 | - | €1,859 | +€1,859 | |
| Furniture and vehicles | 24 | €14,766 | €67,392 | +€52,626 | +356.4% |
| Financial fixed assets | 28 | - | €1,153,950 | +€1.2m | |
| Current assets | 29/58 | €150,250 | €25,686 | -€124,564 | -82.9% |
| Amounts receivable within one year | 40/41 | €17,545 | - | -€17,545 | |
| Trade receivables | 40 | €17,545 | - | -€17,545 | |
| Cash at bank and in hand | 54/58 | €132,705 | €23,646 | -€109,059 | -82.2% |
| Deferred charges and accrued income | 490/1 | - | €2,040 | +€2,040 | |
| Total equity and liabilities | 10/49 | €165,016 | €1,248,887 | +€1.1m | +656.8% |
| Equity | 10/15 | €150,397 | €239,344 | +€88,947 | +59.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €149,897 | €238,844 | +€88,947 | +59.3% |
| Distributable reserves | 133 | €149,897 | €238,844 | +€88,947 | +59.3% |
| Amounts payable | 17/49 | €14,619 | €1,009,543 | +€994,924 | +6805.7% |
| Amounts payable after more than one year | 17 | - | €847,765 | +€847,765 | |
| Financial debts | 170/4 | - | €847,765 | +€847,765 | |
| Amounts payable within one year | 42/48 | €14,619 | €161,778 | +€147,159 | +1006.6% |
| Current portion of amounts payable after more than one year | 42 | - | €126,185 | +€126,185 | |
| Trade debts | 44 | €70 | €7,822 | +€7,752 | +11074.3% |
| Suppliers | 440/4 | €70 | €7,822 | +€7,752 | +11074.3% |
| Taxes, remuneration and social security | 45 | €14,549 | €10,226 | -€4,323 | -29.7% |
| Taxes | 450/3 | €13,049 | €8,726 | -€4,323 | -33.1% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | - | €17,545 | +€17,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,917 | €8,632 | +€715 | +9.0% |
| Other operating charges | 640/8 | €225 | €287 | +€62 | +27.6% |
| Gross operating margin | 9900 | €122,479 | €119,118 | -€3,361 | -2.7% |
| Operating profit (loss) | 9901 | €114,337 | €110,199 | -€4,138 | -3.6% |
| Financial income | 75/76B | - | €5,360 | +€5,360 | |
| Recurring financial income | 75 | - | €5,360 | +€5,360 | |
| Financial charges | 65/66B | €30 | €1,004 | +€974 | +3246.7% |
| Recurring financial charges | 65 | €30 | €1,004 | +€974 | +3246.7% |
| Profit (loss) for the period before taxes | 9903 | €114,307 | €114,555 | +€248 | +0.2% |
| Income taxes | 67/77 | €23,531 | €25,608 | +€2,077 | +8.8% |
| Profit (loss) for the period | 9904 | €90,776 | €88,947 | -€1,829 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,776 | €88,947 | -€1,829 | -2.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.